links for 2007-12-05
By Trader Mike on Dec 5, 2007 in Links
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‘What we are witnessing,’ says Bill Gross of the bond manager Pimco, ‘is essentially the breakdown of our modern-day banking system, a complex of leveraged lending so hard to understand that Federal Reserve Chairman Ben Bernanke required a face-to-face
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One common assumption about the subprime mortgage crisis is that it revolves around borrowers with sketchy credit who couldn’t have bought a home without paying punitively high interest rates. But it turns out that plenty of people with seemingly good cre
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It’s possible to buy exchange-traded funds for downside protection, cushioning the blow when your stocks drop. Here’s how to build a hedge of your own.
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Europe’s inflation is likely to prompt its central bank to raise interest rates — five days before the Fed is expected to lower them here. That’s bad news for the buck.
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